As mass production has to be accompanied by mass consumption; mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery.-- Marriner Eccles

The good thing about science is that it's true whether or not you believe in it.-- Neil deGrasse Tyson/2015 (possibly earlier)

There is still a lot of thinking on the right that if big corporations are happy, they're going to take the money they're saving and reinvest it in American workers. In fact they bought back shares, a few gave out bonuses; there's no evidence whatsoever that they[sic] money's been massively poured back into the American worker.-- Marco Rubio (darling of the Right)/2018

05 July 2015

A Word to The Wise

Well, the Greek electorate has given a large middle finger to the Germans. We'll see what happens next. Of note is a piece (in my dead trees version it was "tycoons" rather than "billionaires", odd) written before the vote and published before too.

And yet the extremely wealthy do face an abiding risk from festering inequity: The have-nots might finally lose patience and turn upon the haves.

Of course, the Leona Crew know that the Powers That Be will send the Army out to kill the hoi polloi, if it comes to that. They have always done so in the past. If the Montana Militia think they can beat F-16s with their AK-47s, they best think again. Unlike Iraq or Syria, the US military doesn't have to schlep materiel thousands of miles.